外商直接投资和贸易对中欧及东欧国家就业的影响——针对具体国家的面板数据分析.doc

外商直接投资和贸易对中欧及东欧国家就业的影响——针对具体国家的面板数据分析.doc

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本科毕业论文外文翻译 外文题目: The Effect of Trade and FDI on Employment in central and Eastern European Countries: A Country-Specific Panel Data Analysis for the Manufacturing Industry 出 处:European Community Studies Association of Austria Publication Series, 1, Volume 12, \o Link to the Book of this Chapter The EU and Emerging Markets, Part 2, Pages 71-94 作 者: \o View content where Author is ?zlem Onaran ?zlem Onaran 原 文: The Effect of Trade and FDI on Employment in Central and Eastern European Countries:A Country-Specific Panel Data Analysis for the Manufacturing Industry Abstract This paper analyzes the labor demand based on panel data of manufacturing industry from Central and Eastern European Countries and discusses the effect of domestic factors (wages and output) and international factors (trade and FDI) on employment in the post-transition period. The findings indicate that employment only responds to wages in 50 per cent of the cases. The output elasticity of labor demand is mostly positive, but low, with a number of cases where employment is completely de-linked from output. An impressive speed of integration to the European economic sphere through FDI and international trade has not prevented job losses in the manufacturing industry. While there are very few cases of positive effects, insignificant effects of trade and FDI dominate, some evidence of negative effects appears as well. Introduction This paper aims at exploring the development of employment in Central and Eastern European Countries (CEECs) in the post-transition period and the employment effects of integration into the world economy on employment, in particular with the European economic sphere through trade openness and FDI. In the early 1990s, during the initial phase of transition, CEECs faced a severe recession due to both supply and demand shocks as well as major institutional changes. The adjustme

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